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ERIC Number: EJ647043
Record Type: Journal
Publication Date: 2002
Pages: N/A
Abstractor: N/A
Reference Count: N/A
ISSN: ISSN-0272-7757
Estimating the Return to Investments in Education: How Useful Is the Standard Mincer Equation?
Bjorklund, Anders; Kjellstrom, Christian
Economics of Education Review, v21 n3 p195-210 Jun 2002
Investigates the usefulness of the schooling coefficient, in equations developed by the human capital theorist Jacob Mincer, in estimating the internal rate of return to education in Sweden. Examines several assumptions underlying the coefficient, for example, that schooling precedes work. Finds that in some cases inference from the estimated schooling coefficient is misleading. (Contains 18 references.) (PKP)
Publication Type: Journal Articles; Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Sweden